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The Payroll Team Ltd

14903909

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

71-75 SHELTON STREET, LONDON, WC2H 9JQ
Incorporated 30/05/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69202
Bookkeeping activities

Officers

Mrs Nicola Ann Fallon

director · Since 30/05/2023

CHIEF EXECUTIVE OFFICER

BRITISH · ENGLAND · Age 52

Also on 2 other boards

Miss Katie Megan Olive

director · Since 30/05/2023

ACCOUNTS MANAGER

BRITISH · ENGLAND · Age 25

Mr Alex David Rawlinson

director · Since 30/05/2023

PAYROLL MANAGER

BRITISH · ENGLAND · Age 28

Persons with Significant Control

Mr Alex David Rawlinson

25–50% shares
25–50% votes
Appoint directors

British · England · Age 28

18, Knowsley Drive, Manchester, M27 0FA

Notified 01/11/2024

Miss Katie Megan Olive

25–50% shares
25–50% votes
Appoint directors

British · England · Age 25

17, Sheringham Drive, Manchester, M27 5QF

Notified 01/11/2024

Virtual Accounts And Taxes Ltd

25–50% shares
25–50% votes
Appoint directors
right-to-appoint-and-remove-directors-as-trust
right-to-appoint-and-remove-directors-as-firm

71-75, Shelton Street, London, WC2H 9JQ

Reg: 13314651 · Companies House · Private Limited Company

Notified 01/01/2026

Former PSCs

Mrs Nicola Ann Fallon

Ceased 01/01/2026

CompanyRankvs 20243+ SIC 69202 peers
23

Financial strength5th percentile among SIC peers · 1/25
Employees11th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.07× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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20243The Payroll Team Ltd
23
How is this score calculated?
Financial strength1/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity3/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/05/2024

Net Worth

-£11k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£10k

Working capital

Current Assets

£762

Current Liabilities

£11k

Fixed Assets

£4k

0avg. employees

Balance Sheet

Assets less current liabilities-£6k

EstimatesDerived

YearCurrent Ratio
20240.07

Derived from filed accounts. Not audited figures.